State Government

FEIGENBAUM: Lawmakers press ahead on education issuesRestricted Content

February 22, 2014
Ed Feigenbaum
The business community has turned a keen collective eye to a passel of bills that seek to improve education, including measures that would authorize Indianapolis Public Schools to enter into an agreement with a school-management team to establish innovative network schools, allow charter school support to be distributed at the organizer level; and create a career and technical education diploma.
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Panel gives Pence half of his $400M road-funding request

February 20, 2014
 The Statehouse File
The reduction, led by Senate Appropriations Chairman Luke Kenley, was a partial blow to one of the governor's key legislative goals.
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House committee helps Indy Eleven stadium project

February 20, 2014
Kathleen McLaughlin
The Ways and Means Committee voted 18-2 Thursday afternoon in favor of a bill that would facilitate a new downtown soccer venue.
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Ex-Chase chief to lead state banking agency

February 20, 2014
Chris O'Malley
Denny Bassett's appointment to the department that regulates state banks comes just a few months after his retirement as Indiana chairman of JPMorgan Chase & Co.
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House committee votes to nix Common Core

February 20, 2014
Associated Press
The full House now will consider the controversial proposal to opt out of federal standards and allow Indiana to make its own benchmarks for preparing students for college and careers after high school.
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Bill roundup: State fair alcohol, digital privacy and more

February 20, 2014
A committee nearly unanimously approved a measure clearing the way for alcohol sales at the Indiana State Fair. Another committee unanimously passed a bill that would expand privacy laws to accommodate the increased use of digital technology.
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Indy officials work to strengthen rental-property inspection bill

February 19, 2014
Kathleen McLaughlin
A proposal under consideration by the Legislature would curb rental-property inspection programs, but local officials worked with its author to let cities set up landlord registries.
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Dunham's $30M expansion in Marion to create 135 jobs

February 19, 2014
 IBJ Staff
The sporting good retailer, which has more than 200 stores in 17 states, will consolidate distribution into a new, 735,000-square-foot building.
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Business equipment tax headed toward delay

February 18, 2014
Associated Press
Lawmakers considering a cut to Indiana's tax on business equipment might leave the matter to a summer study committee, a move that would delay any action by at least a year.
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Conservatives angry at GOP chiefs in marriage loss

February 18, 2014
Associated Press
Lawmakers amended the measure and delayed a referendum until at least 2016, despite calls from social and religious conservatives to hold the vote this year.
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Senate approves diluted gay marriage ban

February 17, 2014
Associated Press
Earliest vote on proposed constitutional marriage ban would be at least 2016.
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Sen. Delph wants last-ditch edit to gay-marriage amendment

February 17, 2014
 The Statehouse File
After an extended Twitter tirade over the weekend stemming from a Senate move stalling the amendment, Sen. Mike Delph on Monday pledged to use a procedural maneuver to resurrect deleted language.
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First family gives TLC to little-used Brown County cabinRestricted Content

February 15, 2014
Kathleen McLaughlin
The Pence administration has overseen the six-figure renovation of a Brown County cabin that one political observer calls Indiana’s Camp David.
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Pence cracks door to electricity deregulationRestricted Content

February 15, 2014
Kathleen McLaughlin
The Pence administration is discussing whether to include electric-utility deregulation in a new state energy policy, making Indiana one of the few states since California’s electricity crisis to consider opening its market to competition.
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Team owner pitches lawmakers on soccer stadium

February 14, 2014
Kathleen McLaughlin
Indy Eleven owner Ersal Ozdemir fielded questions from legislators Thursday about the $87 million, state-financed outdoor stadium he has proposed. The meeting started with a warm reception for Ozdemir, and lacked any testimony against the plan.
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Gay-marriage ban off ballot at least until 2016

February 13, 2014
Associated Press
Opponents of an effort to place Indiana's gay marriage ban in the state constitution won a surprising victory Thursday as the Senate effectively pushed off a statewide vote on the issue for at least two years, and possibly longer.
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Appeals court: IBM breached contract with state

February 13, 2014
Jennifer Nelson / The Indiana Lawyer
The Indiana Court of Appeals has reversed a Marion County judge's finding that IBM did not materially breach the contract it had with the state to modernize its welfare system.
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Convenience stores prepare case to sell cold beer

February 13, 2014
Scott Olson
The stores' lawsuit against the state argues that Indiana's law governing cold-beer sales is unconstitutional. But a phalanx of other beverage retailers has lined up to oppose the action.
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House panel takes corporate tax increase out of mass transit bill

February 12, 2014
 The Statehouse File
If the House approves the bill as amended, it will set up a debate between the Republican-controlled chambers about who pays for expanded transit.
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Pence open to replacing any revenue lost in tax bill

February 11, 2014
 The Statehouse File
Indiana Gov. Mike Pence said Tuesday he’s open to proposals to “fully replace” the revenue that local governments might lose under a Senate plan to cut the personal property tax for thousands of businesses across Indiana.
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Another delay in health law's employer requirement

February 11, 2014
Associated Press
The Obama administration Monday granted employers another delay in a heavily criticized requirement that medium-to-larger firms cover their workers or face fines.
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Plan to cut business-equipment tax draws debate

February 10, 2014
Associated Press
Indiana House lawmakers took up a Senate proposal to cut business taxes on Monday, as fiscal leaders continued working behind the scenes to craft a compromise package of cuts this legislative session.
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Senate panel approves altered same-sex marriage ban

February 10, 2014
Associated Press
The Senate Rules Committee voted 8-4 Monday afternoon along party lines to advance the measure following three hours of emotional testimony from supporters and opponents.
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Welfare drug screening bill divides lawmakers

February 9, 2014
Associated Press
Welfare abuse is driving an Indiana effort to require recipients to be screened for the likelihood of addiction and limit food stamps to the purchase of only "nutritional foods."
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Bitter winter hitting Indiana's revenue stream

February 9, 2014
Associated Press
Nearly every state revenue category failed to hit its January target, including sales taxes and personal income taxes — Indiana's two largest revenue sources.
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  1. Apologies for the wall of text. I promise I had this nicely formatted in paragraphs in Notepad before pasting here.

  2. I believe that is incorrect Sir, the people's tax-dollars are NOT paying for the companies investment. Without the tax-break the company would be paying an ADDITIONAL $11.1 million in taxes ON TOP of their $22.5 Million investment (Building + IT), for a total of $33.6M or a 50% tax rate. Also, the article does not specify what the total taxes were BEFORE the break. Usually such a corporate tax-break is a 'discount' not a 100% wavier of tax obligations. For sake of example lets say the original taxes added up to $30M over 10 years. $12.5M, New Building $10.0M, IT infrastructure $30.0M, Total Taxes (Example Number) == $52.5M ININ's Cost - $1.8M /10 years, Tax Break (Building) - $0.75M /10 years, Tax Break (IT Infrastructure) - $8.6M /2 years, Tax Breaks (against Hiring Commitment: 430 new jobs /2 years) == 11.5M Possible tax breaks. ININ TOTAL COST: $41M Even if you assume a 100% break, change the '30.0M' to '11.5M' and you can see the Company will be paying a minimum of $22.5, out-of-pocket for their capital-investment - NOT the tax-payers. Also note, much of this money is being spent locally in Indiana and it is creating 430 jobs in your city. I admit I'm a little unclear which tax-breaks are allocated to exactly which expenses. Clearly this is all oversimplified but I think we have both made our points! :) Sorry for the long post.

  3. Clearly, there is a lack of a basic understanding of economics. It is not up to the company to decide what to pay its workers. If companies were able to decide how much to pay their workers then why wouldn't they pay everyone minimum wage? Why choose to pay $10 or $14 when they could pay $7? The answer is that companies DO NOT decide how much to pay workers. It is the market that dictates what a worker is worth and how much they should get paid. If Lowe's chooses to pay a call center worker $7 an hour it will not be able to hire anyone for the job, because all those people will work for someone else paying the market rate of $10-$14 an hour. This forces Lowes to pay its workers that much. Not because it wants to pay them that much out of the goodness of their heart, but because it has to pay them that much in order to stay competitive and attract good workers.

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  5. It is sad to see these races not have a full attendance. The Indy Car races are so much more exciting than Nascar. It seems to me the commenters here are still a little upset with Tony George from a move he made 20 years ago. It was his decision to make, not yours. He lost his position over it. But I believe the problem in all pro sports is the escalating price of admission. In todays economy, people have to pay much more for food and gas. The average fan cannot attend many events anymore. It's gotten priced out of most peoples budgets.

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